Patents by Inventor Paul A. CULLUM

Paul A. CULLUM has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • COMPUTER SYSTEMS AND COMPUTER-IMPLEMENTED METHODS UTILIZING SENSOR-DRIVEN DYNAMICALLY ADJUSTABLE FEEDBACK LOOPS TO MANAGE EQUIPMENT BASED RISK ON AN ASSET SPECIFIC LEVEL OF ENERGY DATA USAGE
    Publication number: 20230177614
    Abstract: In some embodiments, the present invention provides for an exemplary inventive system that may include executable program code and a computer processor which, when executing the particular program code, is configured to perform operations of: receiving, for a population of energy consuming physical assets, asset-specific historical data and asset-specific current energy consumption data from utility meter(s), sensor(s), or both; determining, for each respective physical asset category, each respective frequency of breakdowns and each respective average severity of each breakdown; determining, an adjusted breakdown loss value per each physical asset for each respective physical asset category; determining a respective average current energy consumption value per each physical asset for each respective physical asset category; associating each respective energy consuming location to a particular physical asset category; generating, based on usage-based breakdown insurance premium value of the respective energy
    Type: Application
    Filed: November 29, 2022
    Publication date: June 8, 2023
    Applicant: HARTFORD STEAM BOILER INSPECTION AND INSURANCE COMPANY
    Inventors: Richard B. JONES, Paul A. CULLUM
  • Computer systems and computer-implemented methods utilizing sensor-driven dynamically adjustable feedback loops to manage equipment based risk on an asset specific level of energy data usage
    Patent number: 11514527
    Abstract: In some embodiments, the present invention provides for an exemplary inventive system that may include executable program code and a computer processor which, when executing the particular program code, is configured to perform operations of: receiving, for a population of energy consuming physical assets, asset-specific historical data and asset-specific current energy consumption data from utility meter(s), sensor(s), or both; determining, for each respective physical asset category, each respective frequency of breakdowns and each respective average severity of each breakdown; determining, an adjusted breakdown loss value per each physical asset for each respective physical asset category; determining a respective average current energy consumption value per each physical asset for each respective physical asset category; associating each respective energy consuming location to a particular physical asset category; generating, based on usage-based breakdown insurance premium value of the respective energy
    Type: Grant
    Filed: July 26, 2018
    Date of Patent: November 29, 2022
    Assignee: THE HARTFORD STEAM BOILER INSPECTION AND INSURANCE COMPANY
    Inventors: Richard B. Jones, Paul A. Cullum
  • COMPUTER SYSTEMS AND COMPUTER-IMPLEMENTED METHODS UTILIZING SENSOR-DRIVEN DYNAMICALLY ADJUSTABLE FEEDBACK LOOPS TO MANAGE EQUIPMENT BASED RISK ON AN ASSET SPECIFIC LEVEL OF ENERGY DATA USAGE
    Publication number: 20190035028
    Abstract: In some embodiments, the present invention provides for an exemplary inventive system that may include executable program code and a computer processor which, when executing the particular program code, is configured to perform operations of: receiving, for a population of energy consuming physical assets, asset-specific historical data and asset-specific current energy consumption data from utility meter(s), sensor(s), or both; determining, for each respective physical asset category, each respective frequency of breakdowns and each respective average severity of each breakdown; determining, an adjusted breakdown loss value per each physical asset for each respective physical asset category; determining a respective average current energy consumption value per each physical asset for each respective physical asset category; associating each respective energy consuming location to a particular physical asset category; generating, based on usage-based breakdown insurance premium value of the respective energy
    Type: Application
    Filed: July 26, 2018
    Publication date: January 31, 2019
    Inventors: Richard B. JONES, Paul A. CULLUM